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20121205
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KPIX (CBS) 6
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Search Results 0 to 5 of about 6
CBS
Dec 11, 2012 4:00am PST
. the right-to-work debate is expected to draw large protests at the state capitol. governor rick snyder in a reversal says he will sign the bill into law as soon as it hits his desk. in michigan yesterday, president obama said the law was politically driven. susan mcginnis is in washington with details. good morning to you. >> reporter: good morning. yeah, the governor now says he wants the economic boost that the law would bring, the jobs and the companies that would locate there, but many disagree. workers say it's going to push down their pay and benefits and weaken unions. police stand shoulder to shoulder preparing for as many as 10,000 protesters at the michigan state capitol today. >> people have a constitutional right to demonstrate. however, all we ask is that they do it in an orderly, lawful, and civil manner. >> reporter: state legislators vote this morning on a right-to-work bill that would weaken unions. opponents acknowledge they're powerless to stop it. >> at the end of the day they'll be passed and signed by the governor. that doesn't make it right. >> reporter: the bill
CBS
Dec 11, 2012 5:30pm PST
governor rick snyder insists the legislation will help workers by not forcing them to join unions or pay dues. >> if they don't see value in the union in terms of its activities, should they be forced to pay financial resources for that? i don't believe so. give them choice. >> reporter: the governor and republican lawmakers argue the legislation will attract businesses and keep jobs in michigan. union members argue it will result in lower wages. clear evidence for either argument is inconclusive. workers in right-to-work states do earn $300 more than their counterparts in non-right to work states according to data collected by a group arguing for right to work. but five of the 11 sates with the highest unemployment have right-to-work laws, including nevada, which has the highest unemployment rate in the nation. united auto workers member reggie smith has been a union member for more than 35 years. he warns michigan voters have long memories. >> you've spoken to the people and they're speaking back to you today and they'll take care of you when it comes time for election again. i guarant
CBS
Dec 12, 2012 4:00am PST
not die down even after lawmakers passed the legislation. protesters swarmed rick snyder's office building tuesday demanding that he veto the bill, but the republican governor signed them into law. randall pinkston, cbs news, michigan. >>> "cbs moneywatch" time now on a wednesday. a scandal and a $50 cup of coffee, but you might not want to know how it's made. ashley morrison here in new york with more. good morning. >> you really don't. good morning to you, too, terrell. asian stocks got strength. tokyo's nikkei added half a percent to its highest closing in nearly eight months while hong kong's hang seng gained nearly 1%. wall street remains hopeful that washington will reach a budget deal. the dow added 78 points while the nasdaq gained 35. >>> authorities in britain have arrested three people in connection with the manipulation of the libor interest rate. the arrest follows an investigation launched this summer after barclays bank was fined more than $400 million for falsifying reports related to the libor. the rate indirectly affects consumer borrowing, things like cars and home loans
CBS
Dec 12, 2012 4:30am PST
says their case will revolve around hernandez's mental state. >>> michigan governor rick snyder signed right to work legislation into law making it the 24th state to do so. it came after thousands of union supporters protested at the capital. right to work makes it illegal to require workers to join a union or to pay dues as a condition of employment. >>> today president obama will hold a conference call with some of the nation's mayors and community leaders all about that "fiscal cliff." the president and house speaker john boehner talked on the phone last night. the white house lowered the amount of revenue it wants to generate from taxes. republicans say they are still waiting to hear from the president about spending cuts. >>> today the federal reserve is expected to announce a revamped bond buying plan to help boost the economy. the fed's goal is to keep interest rates low and encourage individuals and companies to borrow and spend. experts say that could at least soften the blow from tax increases and spending cuts that will all kick in next month if they don't reach a budget dea
CBS
Dec 11, 2012 7:00am PST
. similar battles have boiled over in indiana and wisconsin. republican governor rick snyder is a reluctant supporter of the legislation. >> i'm not happy about being in this situation but given it's here i'm going to do what's best for the citizens of michigan my customers. >> reporter: the republicans will take final action on the bill today. governor rick snyder pledged to sign the legislation. back to you. >> elaine quijano thank you. >>> the president was in michigan to rally support for his plan to avoid the fiscal cliff and with just 21 days left until the deadline, a new gallup poll shows most americans want congress to compromise on spending and tax cuts. 70% say republicans and democratic leaders should make a deal now, up eight points since last week. major garrett is at the white house covering the fiscal talks. good morning. >> reporter: good morning and good morning to our viewers out west. one thing has been agreed upon in the fiscal cliff talks, not to discuss the details. many look at this bipartisan silence and see an encouraging sign but white house and congressional sour
CBS
Dec 11, 2012 6:00pm PST
] >> reporter: protestors swarmed rick snyder's office building tuesday demanding that he veto the bill. but the republican governor signed them into law. randall pinkston, cbs news, lansing, michigan. >>> it's something we have heard again and again over the past four years. there just aren't enough job openings out there. >> i'm just floored that we're not deluged with people. >> why this job fair complete with the dancing bear may not be enough to staff one single bay area restaurant. >> and a sweet deal for anyone looking for holiday dungeness. who won and who lost in the great crab price dispute of 2012. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. ge
Search Results 0 to 5 of about 6